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Financial expert: What Trump's win means for investors

Financial expert Barry Armstrong talks about Wall Street's reaction to Trump's win and what it means for investors.

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Updated: 7:54 AM EST Nov 9, 2016

Financial expert: What Trump's win means for investors

Financial expert Barry Armstrong talks about Wall Street's reaction to Trump's win and what it means for investors.

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Updated: 7:54 AM EST Nov 9, 2016

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WEBVTT WEEKEND. >> OK, THANK YOU. THE ELECTION RESULTS HAVING A SIGNIFICANT IMPACT ON MARKETS. >> WE ARE JOINED BY FINANCIAL EXPERT BARRY ARMSTRONG, THANK YOU FOR BEING WITH US. THE STOCK FUTURES PLUNGED TO BEGIN WITH, AND WHERE DO THINGS STAND NOW? >> WE ARE DOWN TO 406 POINTS HEADING INTO TRADING, THE JAPANESE MARKET OVERNIGHT, DOWN ABOUT 5%, AND SO YOU ARE SEEING THE FOREIGN MARKETS SELL OFF, ESPECIALLY THE ASIAN MARKETS BECAUSE THEY ARE CONCERNED ABOUT A TRADE WAR. IT WAS PART OF DONALD TRUMP'S PLATFORM WAS TO, YOU KNOW, TO MAKE BETTER TRADE DEALS WITH ASIA, AND THAT'S WHY THEY ARE SELLING OFF. Emily: SO BOTTOM LINE IF YOU ARE AN AVERAGE INVESTOR THERE CAN BE VOLATILITY WHEN THERE IS CHANGE. AND WHAT SHOULD THE AVERAGE INVESTOR BE THINKING THIS MORNING? >> YOU KNOW, THERE IS -- SOME WILL LOOK AT THIS AS A BUYING OPPORTUNITY. OTHERS WILL SAY THAT THIS IS GOING TO HEAD INTO A LONG-TERM CORRECTION, AND I THINK THAT ULTIMATELY THIS WILL BE A POSITIVE THING. DONALD TRUMP'S ECONOMIC POLICIES IN TERMS OF THE TAX POLICIES, AND DOMESTIC POLICIES ARE VERY GROWTH ORIENTED, TAX RATES ARE GOING TO GO DOWN, CORPORATE TAX RATES ARE GOING TO GO DOWN, AND THE THING THAT SCARES THE MARKETS TODAY IS ONE, THEY DID NOT EXPECT THIS. THE STOCK MARKET AMENDED TO HILLARY CLINTON, A VICTORY, AND PERHAPS A SENATE THAT WAS CONTROLLED BY THE DEMOCRATS, SO THIS IS A CURVE BALL. SECONDLY, YOU LOOK AT THE MARKETS, AND THEY ARE WAITING TO SEE IF DONALD TRUMP BACKS OFF ON SOME OF HIS TRADE POLICY. IF HE BECOMES MORE CONCILIATORY ON TRADE, YOU ARE LOOKING AT WHAT COULD BE A 4% AND 5% GDP ECONOMY. >> THANK YOU VERY MUCH. WE'LL SEE HOW THINGS GO THIS

Financial expert: What Trump's win means for investors

Financial expert Barry Armstrong talks about Wall Street's reaction to Trump's win and what it means for investors.

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Updated: 7:54 AM EST Nov 9, 2016

Financial expert Barry Armstrong talks about Wall Street's reaction to Trump's win and what it means for investors.